Under pressure to cool a soaring housing market, the Australian government's proposed clampdown on foreign property buyers has raised a few eyebrows around the world.

Harrods Estates has signed an agency-wide partnership with Chinese mega-portal Juwai.com, as new figures are released on the scale of Chinese investment into the capital's property market.

The top-top end of the world's resi property market is calming down, growing more slowly in "new world" destinations as the "old world" takes the mantle for market growth on the back of perceived safe…